Paul Romer Speaks to CDE
on Democracy, Business, Markets, and Development
Senior Fellow Paul Romer spoke with the Centre for Development and Enterprise’s Executive Director Ann Bernstein. Although the wide-ranging interview focuses on South Africa, many insights are applicable more broadly. Romer notes:
I actually came to South Africa because I was hopeful that it might be the place where one could try this idea of creating an entirely new jurisdiction, perhaps a whole city, which could operate under different rules and which might therefore show people in the existing systems that a different way was possible. If one could see how such a regime operated, then it might be possible to get the benefits of creating employment opportunities without threatening existing arrangements.